03-23-2007, 09:18 AM
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 Re: Adj. Balance vs Bank Balance- can someone explain me the differenc In microsoft.public.money, apkesh wrote: - quote - > Hi I am pretty new to money (as well as basic accounting
institution last. > Can someone explain to me what's the difference between Bank Balance and > Adj. Balance I see under my Bank account list? > Next to my credit card, it says ($83.11) in red, under both Bank Balance and > Adj. Balance. This means, I understand Bank balance is telling me that I owe > my CC $83.11, if so, then what is the Adj. Balance? Bank Balance would be what you downloaded from the financial Adjusted balance would include transactions that your credit card company had not taken into account when they sent the downloaded balance. |
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#-1
03-23-2007, 03:06 AM
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| Adj. Balance vs Bank Balance- can someone explain me the differenc Hi I am pretty new to money (as well as basic accounting Can someone explain to me what's the difference between Bank Balance and Adj. Balance I see under my Bank account list? Next to my credit card, it says ($83.11) in red, under both Bank Balance and Adj. Balance. This means, I understand Bank balance is telling me that I owe my CC $83.11, if so, then what is the Adj. Balance? |
| Tags |
| adj, balance, bank, differenc, explain |
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